Cost of Living in Phoenix, IL

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15%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
48%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Phoenix Illinois National
Cost of living8598100
Groceries101100100
Health care97100100
Housing5295100
Transportation98101100
Utilities10099100
Lifestyle & Entertainment103100100
Household Items100100100
Education & Childcare96100100
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Homes For Sale In Phoenix, IL

property for sale

609 E 152nd St

Phoenix, IL
property for sale

15239 7th Ave

Phoenix, IL
property for sale

15241 7th Ave

Harvey, IL
property for sale

15412 Vincennes Rd

Phoenix, IL

Cost Of Living Quick Facts

  • The cost of living in Phoenix is 13% lower than the Illinois average
  • The cost of living in Phoenix is 15% lower than the national average
  • Phoenix housing is 48% lower than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around Phoenix

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Compare Phoenix, IL Cost of Living

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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$62,518$5,210$1,459$1,876
      Renters$28,413$2,368$663$852

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hodgkins, IL1,8178316.9%
      Ford Heights, IL2,8018316.6%
      East Chicago, IN28,8358217.8%
      Gary, IN77,1518119.3%
      Dixmoor, IL3,6638712.6%
      Phoenix, IL1,4508514.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Peridot, AZ1,4507524.8%
      Taos, MO1,450928.5%
      Brocton, NY1,4508415.9%
      Plattekill, NY1,45011414.4%
      Banner Hill, TN1,4508515.0%
      Phoenix, IL1,4508514.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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